Virginia Association of Rehabilitation Facilities

Analysis

Virginia Association of Rehabilitation Facilities is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Virginia Association of Rehabilitation Facilities reported income of $336k and spending of $331k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $550k to $336k (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Association of Rehabilitation Facilities sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include University Glee Club of New York City ($336k), Alcovy Casa Inc ($337k) and Legado de Esperanza Foundation ($336k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $52k, net assets of $100k.